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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Income Statement [Abstract]    
Sales $ 2,178 $ 2,174
Cost of goods and occupancy costs 1,694 1,679
Gross profit 484 495
Selling, general and administrative expenses 396 401
Asset impairments 2 12
Merger, restructuring and other operating expenses, net 10 13
Operating income 76 69
Other income (expense):    
Interest income 1  
Interest expense (5) (7)
Other income, net 2 11
Income from continuing operations before income taxes 74 73
Income tax expense 19 10
Net income from continuing operations 55 63
Discontinued operations, net of tax   (10)
Net income $ 55 $ 53
Basic earnings (loss) per share    
Continuing operations $ 1.14 $ 1.17
Discontinued operations   (0.18)
Net basic earnings per share 1.14 0.99
Diluted earnings (loss) per share    
Continuing operations 1.09 1.12
Discontinued operations   (0.17)
Net diluted earnings per share $ 1.09 $ 0.95